Hi everyone,
Just a minor contribution to the silver: gold ratio argument. What follows only applies on September 2nd 301 ce, when the fiscal edict and the
price edict had just both been published.
A 100
denarii argenteus ( and it really does have to be that) works out at roughly 30
denarii a gram of silver. To keep the 12:1 ration gold has to be roughly 360
denarii a gram. A 5.4 gram
aureus then works out at roughly 2000
denarii. I lean towards a 2000
denarii, mainly because apart from the ratio argument it also fits a much higher proportion of the edict prices ( especially when you add in half
aurei, which were occasionally minted in the years just after 301 ce) than either the 1500 or the 1200. Of course a 1000
aureus also works with the edict prices, but that makes the silver to gold ratio less that 5:1, and i can't buy that as an idea.
Nothing is definite about the
aureus or the
follis until we get another shard uncovering earthquake, but thanks to all this debate I am firming up more and more towards values of 1 or 2, 4, 25, 100 and 2000
denarii for the silverless radiate/aurelianus/follis/argenteus/aureus set.